Realtor Magazine, February 3, 2022, Program Seeks to Add 3 Million Black Homeowners
Black homeownership has plunged to lows not seen in decades, reaching 42% in 2019, as low as in 1970, according to the National Community Reinvestment Coalition. A new initiative hopes to change that by creating 3 million new Black homeowners by 2030, which would mark an increase of more than 10 percentage points in the Black homeownership rate. That also would bring the homeownership rate to levels it has never previously attained.
